OK Folks ... this cannabis thing is getting out of hand
When you have a hot sector people get excited. And with excitement follows the appetite to find more and more hot stocks within the sector.
Before you know it, it's like a food fight, with ideas being thrown back and forth across the room.
For a new cannabis investor, they must be befuddled and bewildered. Well first bewildered.
Where do you start?
We have got to break this whole thing down into bite size pieces.
#1. Go Canadian only if you are new to MJ. That does not mean trading on a Canadian exchange.
#2. Stay away from stocks under $0.75 per share. Save the high risk/reward penny stocks for the savvy players. At least for now.
#3. Pull up your stock charts. You will want to use stockcharts.com and stockscores.com Look at the last 30 days of action.
#4. Watch out for hidden fees when trading. Several OTC stocks are not DTC eligible. Depending on who your broker is, this might make a difference.
#5. Look for low outstanding share numbers. Preferably under 200,000,000 shares. You can check this out on otcmarkets.com or sedar.com
#6. Remember, if you decide to trade in this space, you are giving up a couple of important features. You cannot use margin. So if you want to buy $100 worth of stock you must have $100 cash in your account. And you cannot use stops. With a big board stock you can set a price point where there would be an automatic sell to protect your position, should a stock fall in value.
News 
Market Data 
Discover 
